BXSL — Blackstone Secured Lending Fund

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Blackstone Secured Lending Fund

Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$23.53
Market Cap$5.48B
Shares Outstanding232.7M
P/E (Forward)8.49
P/E (TTM)12.32
Price/Sales (TTM)3.95
vs. Analyst Target+6.7% to analyst PT
Profit Margin31.65%
Operating Margin (TTM)87.00%
Revenue (TTM)$1.39B
Earnings Growth (YoY)-83.50%
Dividend Rate3.1%
Analyst Target Price$25.10 (9 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $389M $219M $323M $241M
2021 $473M $460M $473M $358M
2022 $388M $405M $388M $681M
2023 $875M $612M $619M $629M
2024 $1.05B $694M $731M $709M
2025 $1.27B $563M $995M $95.8M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $255M $155M
Sep 2025 $235M $132M
Dec 2025 $217M $126M
Mar 2026 $328M $25.2M

Ownership & Float

Insider Ownership8.6%
Institutional Ownership44.9%
% of All Funds Holding4.36%
Number of Funds Holding358

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$23.85Near-term / short-term trend
Weekly40-Week SMA$25.74Medium-term trend
Weekly80-Week SMA$28.72Cyclical trend (business cycle)
Weekly200-Week SMA$27.94Secular trend (multi-year)
Monthly10-Month SMA$25.80Near-term monthly trend
Monthly20-Month SMA$28.86Medium-term monthly trend
Monthly40-Month SMA$28.67Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$25.50 resistance 1.62x 2 months ago
$27.50 resistance 1.33x 4 months ago
$29.80 resistance 1.95x 7 months ago
$31.30 resistance 1.02x 8 months ago
$32.50 resistance 1.78x 12 months ago

Historical Earnings Reactions (19 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.38% 0.00% 47.37% 0.92% -5.77%
1 Day -0.25% -0.22% 36.84% 3.00% -5.80%
1 Week -0.83% -0.79% 31.58% 5.49% -5.84%
2 Weeks -1.03% -1.06% 31.58% 4.81% -5.74%
1 Month 0.02% -1.15% 38.89% 7.71% -5.16%

Next earnings: July 26, 2026 (57 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.10% 48.4% 213
Tuesday -0.06% 50.8% 238
Wednesday -0.06% 44.7% 235
Thursday 0.11% 50.0% 228
Friday 0.10% 55.2% 232

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 44.9%

Insider Transactions — Smart Summary

Total insider ownership: 8.6%

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Blackstone Secured Lending Fund (BXSL) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BXSL on Trend Edge →